Ather Energy IPO GMP History
Ather Energy IPO has been listed on May 6, 2025 at a listing price of ₹328, against the issue price of ₹321 — a gain of ₹7 (+2.18%). The GMP peaked at ₹17 on 22 April 2025 and reached a low of ₹0 on 2 May 2025. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ather Energy IPO raised ₹2980.76 Cr. through its IPO at a price band of ₹304 to ₹321 per share, with a lot size of 46 shares. The IPO was open for subscription from 28 Apr 2025 to 30 Apr 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 5:58 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 May 2025 | ₹ 13 | ▲ | 4% | — | — |
| 05 May 2025 | ₹ 11 | ▲ | 3% | — | — |
| 04 May 2025 | ₹ 6 | ▲ | 2% | — | — |
| 03 May 2025 | ₹ 5 | ▲ | 2% | — | — |
| 02 May 2025 | ₹ 0 | ▼ | -- | — | — |
| 30 Apr 2025 | ₹ 1 | ▼ | -- | — | — |
| 29 Apr 2025 | ₹ 2 | ▲ | 1% | — | — |
| 28 Apr 2025 | ₹ 1 | ▼ | -- | — | — |
| 27 Apr 2025 | ₹ 3 | ▼ | 1% | — | — |
| 24 Apr 2025 | ₹ 6 | ▼ | 2% | — | — |
| 23 Apr 2025 | ₹ 10 | ▼ | 3% | — | — |
| 22 Apr 2025 | ₹ 17 | — | 5% | — | — |
Ather Energy IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 28 Apr 2025
- Close 30 Apr 2025
- Allotment 02 May 2025
- Refund/credit 05 May 2025
- Listing 06 May 2025
Ather Energy IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹321 |
|---|---|
| GMP-based estimate (pre-listing) | ₹334 (+4%) |
| Listing gain / loss | +₹7 per share |
| Listing date | 06 May, 2025 |
| Actual listing price | ₹328 (+2.18%) |
Is Ather Energy IPO GMP reliable?
Grey market premium for Ather Energy IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Ather Energy IPO full review for a fundamentals-based assessment before making any grey market trades.
Ather Energy IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ather Energy IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Ather Energy IPO
Ather Energy Limited was incorporated in 2013. It sells electric two-wheelers and the related ecosystem of software, charging infrastructure and smart accessories. Its scooters come in two product lines, the Ather 450 and the Ather Rizta, with seven variants.
The company makes battery packs in-house and assembles its scooters in-house. Most other components are outsourced. The Hosur factory in Tamil Nadu had annual capacity of 420,000 electric vehicles and 379,800 battery packs in March 2024.
The company sold 107,983 electric two-wheelers in the nine months to 31 December 2024 and 109,577 in FY2024. It had 265 experience centres and 233 service centres in India on 31 December 2024, with a few more in Nepal and Sri Lanka.
Its other assets include Ather Grid, a public fast-charging network, and Atherstack, its software platform. The IPO was Rs 2,980.76 crore, with Rs 2,626.04 crore of fresh issue and Rs 354.73 crore of offer for sale.
Frequently asked
What is the GMP of Ather Energy IPO?
The current Grey Market Premium (GMP) of Ather Energy IPO is ₹ 13.
What is the Kostak Price of Ather Energy IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ather Energy IPO is not available.
What is the Subject to Sauda Price of Ather Energy IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Ather Energy IPO?
Ather Energy IPO listed on May 6, 2025 at ₹328, against the issue price of ₹321 — a gain of +2.18%.
How did the GMP of Ather Energy IPO trend before listing?
The GMP of Ather Energy IPO was rising in its final days before listing. The GMP peaked at ₹17 on 22 April 2025. View the day-wise table above for the complete GMP history.
Explore Ather Energy IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
